Market Report
Europe close: Stoxx 600 and DAX hit new record highs
European shares closed higher on Tuesday despite losses in Paris and Milan, with the Stoxx 600 index hitting another all-time high.
Broker tips: Burberry, Renew Holdings
RBC Capital Markets lifted its price target on Burberry on Tuesday to 1,300p from 1,000p as it upped estimates after the third-quarter trading update.
London close: Stocks bounce after Wall Street tech sell-off
London stocks ended Tuesday on a positive note, as investors largely ignored Monday’s tech selloff that weighed on Wall Street.
Director dealings: Sysgroup chairman raises stake
Sysgroup revealed on Tuesday that chairman Heejae Chae had acquired 800,000 ordinary shares in the AIM-listed IT service management firm.
US open: Stocks higher following Monday's AI-fuelled sell-off
Major indices were in the green early on Tuesday as big-name tech stocks tried to bounce back from yesterday's heavy AI-fuelled sell-off.
FTSE 100 movers: Retailers shine on lower prices; Smith slips after cyber attack
FTSE 100 (UKX) 8,561. 10 0. 67%.
US pre-open: Futures mixed following AI-fuelled sell-off
Wall Street futures were mixed ahead of the bell on Tuesday following the previous session's heavy AI-fuelled sell-off.
General Motors beats estimates with FY figures, warns of potential tariff impacts in FY25
Automotive giant General Motors beat Wall Street estimates on both the top and bottom lines but warned that headwinds from the Trump administration could weigh on future profits.
Audioboom expands UK creator network, expands sales team
Podcast network Audioboom reported significant growth in its UK creator network in an update on Tuesday, alongside the expansion of its UK sales team.
Empyrean Energy announces land access deal for Wilson River 1 wellsite
Empyrean Energy announced the execution of a conduct and compensation agreement (CCA) for land access to the Wilson River 1 well site in Australia on Tuesday.
GCM Resources inks renewed deal with DG Infratech
GCM Resources announced a new consulting agreement with DG Infratech (DGI) on Tuesday, aimed at securing government consent in Bangladesh to develop the Phulbari Coal and Power Project, which contains a JORC 2004-compliant coal resource of 572 million tonnes.
DotDigital reports strong first-half growth
Customer experience and data platform (CXDP) provider dotDigital Group reported a 10% increase in revenue on a constant currency basis for the six months ended 31 December, reaching £42. 4m.
Boeing reports biggest annual loss since 2020
Boeing reported an annual loss of $11. 83bn for 2024 on Tuesday, marking its largest deficit since 2020.
Brooks Macdonald kicks off £10m share buyback
Brooks Macdonald announced the start of a share buyback programme on Tuesday, valued at up to £10m.
Uniphar flags strong full-year trading performance
Healthcare services business Uniphar reported a strong trading performance for the year ended 31 December in an update on Tuesday, in line with expectations.
London midday: Stocks extend gains; Rentokil, Computacenter rally
London stocks had extended gains by midday on Tuesday as investors shrugged off the tech selloff on Wall Street.
Yellow Cake confident despite fall in uranium value
Specialist uranium investor Yellow Cake reported a decline in the value of its holdings during the quarter ended 31 December on Tuesday, reflecting a drop in the uranium spot price.
Europe midday: Stoxx shrugs off AI meltdown to hit record high
European stocks shrugged off the tech-stock meltdown overnight and hit record intra-day highs on Tuesday after China's DeepSeek frightened the life out of investors with its announcement of a free artificial intelligence model to challenge bigger rivals.
Big Technologies maintains expectations, confident in return to growth
Remote people monitoring specialist Big Technologies confirmed in an update on Tuesday that it was on track to meet market expectations for 2024, despite a revenue dip attributed to the loss of a Colombian customer earlier in the year.